Economic Strength Clouds Outlook for Early 2024 Fed Rate Cut
• Hopes for a March rate cut from the Fed seem to be waning with recent economic data • Stronger retail sales and comments from Fed Governor point to less clarity on timing of first 2024 cut • Providence Financial President says Fed has no reason to move if economic data stays strong • Though inflation cooling, Fed may hold rates steady if economy remains solid • Expert discusses outlook on rates and markets on Yahoo Finance Live episode